Xinhua begins Pakistan language service to push Belt and Road, 13 CPEC projects worth $11bn have completed, NA informed. The western route is definitely a part of CPEC. CPEC | China-Pakistan Economic Corridor (CPEC) Official Website Develop By Ministry of Planning Development & Special Initiatives CPEC Secretariat 'P' block Pak-Secretariat, Islamabad,Pakistan. CPEC has gradually entered into the state of full implementation from planning, which is playing an increasing role in leading and promoting the bilateral substantive cooperation between China and Pakistan. (vi) Located at the crossroads of huge supplying and communicating markets, fully functional Gwadar Port linked with China and Central Asia can play a vital role in economic revival of Pakistan. Besides, the relevant Chinese company has finished the feasibility study on the utilization of Digital Terrestrial Multimedia Broadcast in Pakistan. Your email address will not be published. As the CPEC project is designed to help boost Pakistanâs economic development, it can be rightly called as a gateway to the prosperity of Pakistan. Pakistan and China have border dispute with India. This huge investment promises to bring 12,114MW of energy to Pakistan. The two countries are working on the Long-Term Planning of CPEC and its draft has been completed. Peshawar and Quetta are included in roads of CPEC as node points. Both sides are working together to develop a Gwadar smart port city master plan. The train was recently trialed and is due to be completed in a matter of months. Groundbreaking for 3 projects is expected to be achieved very soon, namely 873MW Suki Kinari Hydropower Station, Matiari (Port Qasim) to Lahore Transmission Line, and 2×660MW Mine Mouth Coal Fired Power Plant at Thar Block I, Sindh with its matching mining project. The geographic location of Pakistan holds a high potential to define its impact and influence on the world of politics and power. Challenges to CPEC depend upon the nature of enmity of both China and Pakistan with their rival nations. Under the CPEC framework, the two sides have identified two industrial cooperation projects, namely Haier-Ruba Economic Zone (2006) phase II and Gwadar Free Zone. The Chinese spokesperson said CPEC is an important pilot program and both China and Pakistan are committed to bring greater benefits to both the countries and the entire region. Gwadar is Pakistan’s flagship for the future. As of November 2016, JCC has convened 5 meetings and reached a series of consensus, playing an active role in promoting CPEC construction. Answer: CPEC is for Pakistan as a whole and will bring benefits to the Pakistani people including the people from the western parts. We all know that CPEC project would be transforming the global geo-economic landscape. Not only will CPEC will be beneficial for the country but the citizen of Pakistan will also be able to bear fruits of its development on individual level. He said, he was […], Contact: +92 51 835-8038
The committee also deliberated upon the issues pertaining to Special Economic Zones (SEZs) Act, Rules and proposed regulations for Zone Enterprise […], Chinese Ambassador to Pakistan Nong Rong said he reviewed projects under the China Pakistan Economic Cooperation with the CPEC Authority Chairman Lt Gen (retd) Asim Saleem Bajwa. In the process of planning and construction of CPEC, both sides agreed that the governments of the two countries should play the guiding role, and the companies as market entities should make an investment in line with market rules. The JCC secretariats are within the National Development and Reform Commission of China and Ministry of Planning, Development and Reforms of Pakistan respectively. It is obvious that USA is not happy with the ever increasing influence of China on world horizon. Both sides agreed to make the list of prioritized or early harvest projects as well as the long-term plan for CPEC. 4.8 Billion is being spent by China in developing Gwadar to be the busiest shipping port in South â¦ CPEC is of great significance to the development of China-Pakistan all-weather strategic cooperative partnership and the building of the community of shared destiny between China and Pakistan. Quaid-e-Azam Solar Power Park Bahawalpur – The Largest Solar Power Plant: The 100MW Solar Power Park in Bahawalpur has generated not just jobs but the cleanest and the most reliable source of energy to Pakistan, thanks to the collaboration of the governments of China and Pakistan. Answer: As a large and systematic project, which covers 2013-2030, CPEC needs joint and unremitting efforts from governments, companies and all social sectors of China and Pakistan. BEIJING, Oct 01 (APP): Pakistan Ambassador to China, Moin Ul Haque has said that the second phase of China Pakistan Economic Corridor (CPEC) was people centric and this flagship project would directly benefit common people by creating jobs, alleviating poverty and improvement in â¦ Envisaged in mid-2013 and launched in April 2015, the China-Pakistan Economic Corridor (CPEC), a set of projects under Chinaâs Belt and Road Initiative, marks a new era of economic ties in a bilateral relationship historically defined by security cooperation. JCC is responsible for the overall planning and coordination of CPEC, and the joint working groups are responsible for the detailed planning and implementation of the projects within its field. The project is expected to be complete in the first quarter of 2020. KKH Phase-II (Havelian-Thakot section) and Peshawar-Karachi Motorway (Sukkur-Multan section). The project has great importance for both the countries. The concept of Share Wealth, Share Peace, Share Future could be conceived anywhere in the world. 1. Under CPEC, Pakistan has to take care of maintenance and security of the road. CPEC is the important consensus reached by the leaders of both countries. In addition to the economic corridor, CPEC in Pakistan will include energy projects, infrastructure development, industrialization, and the expansion and improvement of Gwadar Port. Pakistanâs economy clearly needs reform to better serve its people, and many officials say CPEC will help in this regard. Both the governments and the companies, with a clear division of work as well as collaboration, could work together to promote CPEC with constant progress. Some other projects are being actively promoted, such as 1100MW Kohala Hydro-Power Project, Gwadar Coal-fired Power Plant and Matiari (Port Qasim) to Faisalabad Transmission Line. India is showing emotional attitude towards CPEC. Answer: To promote the construction of CPEC, China and Pakistan have set up the Joint Cooperation Committee (JCC). The long term benefits include the improvement of various sectors in Pakistan such as education, health and industry. Both sides are committed to building CPEC and completing a number of major projects with high quality and on schedule, so as to achieve win-win results and bring benefits to people in China and Pakistan as well as other countries in the region. During the development of Gwadar, Chinese engineers have been killed. The â¦ At the same time, the feasibility study of Railway Line ML1 (Peshawar-Karachi) up-gradation project has been completed and governmental framework agreement is being actively discussed.